Latest Underwriting News

APC Minerals Limited announces a $1.5 million capital raising through a placement and entitlement offer, alongside the planned exit of CEO Matthew Shackleton.

PTR Minerals has successfully raised $12 million through a share placement to accelerate development and exploration at its Rosewood Titanium and Muckanippie Heavy Mineral projects in South Australia.

Clara Resources has successfully placed over 300 million shortfall shares from its recent rights issue, raising nearly $1 million to accelerate development at its Ashford Coking Coal Project and explore new opportunities.

Big River Industries Ltd has announced a fully underwritten renounceable entitlement offer to raise approximately $10 million, aimed at funding its acquisition of John’s Building Supplies, a leading Western Australian building materials distributor. The offer opens on December 8 and closes on December 17, 2025.

Big River Industries Ltd (ASX, BRI) is set to acquire John’s Building Supplies, a leading Western Australian distributor, in a $17 million deal that promises immediate earnings accretion and strategic growth in the WA market.

AUB Group has ended acquisition talks with EQT and CVC after the consortium declined to proceed with a $45 per share offer. The company reaffirms its FY26 earnings guidance and signals confidence in its organic growth strategy.

Conico Ltd has appointed a new external auditor and secured shareholder approval for a significant 1-for-8 share consolidation at its 2025 Annual General Meeting.

Pioneer Credit has secured a further 15 basis point reduction on its $272.5 million senior finance facility, lowering its funding costs and reinforcing its commitment to sustainable business practices.

QBE Insurance Group reports sustained gross written premium growth of 6% for FY25 and announces a significant A$450 million on-market share buyback, reinforcing confidence in its financial outlook and capital management strategy.

Tower Limited has reported a record underlying profit for FY25, driven by improved claims ratios, customer growth, and strategic initiatives including expanded risk-based pricing. The insurer declared increased dividends and outlined a positive growth outlook for FY26.

Redivium Limited has withdrawn its planned European Green Bond issuance amid challenging market conditions and an ongoing ASX suspension, despite securing conditional investor commitments. The company signals a future return to green debt markets when conditions improve.

White Energy Company Limited has launched a 5-for-12 partially underwritten entitlement offer at $0.027 per share, aiming to raise approximately $3.5 million to fund mineral exploration and corporate needs. Major shareholders and directors have committed to participate, while the offer excludes ineligible shareholders and related parties.